European stocks look set to open on a sluggish note Wednesday as weak U.S. data released overnight raised worries that a recession may indeed be on the way.
Gold traded flat as the dollar ticked higher and benchmark U.S. 10-year Treasury yields hovered near a more than one-month high on worries about inflation and tighter monetary policy.
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Business News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.